Stablecoins Launch with Stripe Integration
@ToolsforHumanity launches World Money, a self-custodial app integrating stablecoins and Stripe for fiat onboarding. Features vary by region. #Update #Fintech
@ToolsforHumanity launches World Money, a self-custodial app integrating stablecoins and Stripe for fiat onboarding. Features vary by region. #Update #Fintech
Singapore’s @dtcpay secures $25M in Series A funding led by Vertex Ventures, with SBI Group as a strategic investor to expand stablecoin and merchant payment infrastructure. #Update #Crypto
@Chainflip will reset affected TRON USDT provider balances to zero following a $736,442 exploit disclosed on Sept. 12, while accounting for owed amounts separately. #Update #Crypto $USDT
@justinsuntron’s TRON draft quantum-signature design may prevent some wallets from replacing keys after disabling the signing scheme, although payments could still be made via a separate permission. #Update #Crypto $TRX
XRP Ledger surpassed 5 billion transactions, with 93.2% of August’s activity from 793 accounts, primarily automated; only 2.97 million trades were settled, indicating a shift towards fewer participants handling larger volumes. #Update #Crypto $XRP
@Tether has frozen over $45 million in USDT across 22 wallets linked to Xinbi Guarantee, a sanctioned crypto marketplace, disrupting its operations and prompting a shift to USDD transactions. #Update #Crypto $USDT
$XRP experienced a 29.7% monthly rebound, trading at $1.32, while stablecoins on the XRP Ledger surged to $1.126 billion; DEX volume rose 152.1% over 30 days. #Update #Crypto $XRP
@Circle plans to acquire Tazapay for $400 million in stock to enhance its cross-border payment capabilities, leveraging Tazapay’s connections with over 60 banking partners across 100 markets. #Update #Crypto $USDC
@XRPHealthcare is shutting down after a wallet flaw exposed 4,011 accounts, leading to losses of approximately $450,000. The platform will delist tokens and advises users to secure their assets. #Update #Crypto $XRPH
@Paypal’s PYUSDx surpasses $100M, ranking eighth among stablecoins with $2.81B. M0’s platform enables rapid app-specific stablecoin launches. #Update #Crypto
@Circle has agreed to acquire Singapore-based Tazapay for $400 million in securities, aiming to enhance its global payments infrastructure and boost USDC use in cross-border settlements. #Update #Crypto $USDC
U.S. de minimis exemption for small bitcoin payments could generate $2.58B in net revenue over 10 years, potentially boosting $BTC adoption and price. #Update #Crypto $BTC
@Bitmine acquired 53,501 $ETH, raising its total to 5.9 million tokens, with an additional 51,000 $ETH reportedly purchased recently. Staking rewards may help reach its 5% ownership goal. #Update #Crypto $ETH
John Ternus’s crypto stance is unclear as he becomes @Apple CEO. Stablecoin payments might be Apple’s entry into crypto assets. #Update #Crypto